The first signs of the end of petrodollars and the beginning of de-dollarization. China unites the discontented and proposes an alternative to the dollar. Petrodollars, petroyuans and the new BRICS currency. 4 major consequences of de-dollarization.

Key points

• How the dollar becomes THE international currency
• 50 years of dollar hegemony
• Emergence of petrodollars in the 1970s
• The first signs of the end of petrodollars and the beginning of de-dollarization
• The yuan becomes a respectable currency thanks to the IMF
• SWIFT and CIPS to facilitate yuan transactions
• China unites the discontented and proposes an alternative to the dollar
• Petrodollars, petroyuans and the new BRICS currency
• 4 major consequences of an accelerated de-dollarization

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